Gas Arabian Services Company (TADAWUL:9528)

TADAWUL:9528 Income Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,253	1,093	721.51	496.04	386.46	322.01
Revenue Growth (YoY)	47.09%	51.49%	45.45%	28.35%	20.02%	-27.85%
Cost of Revenue	1,042	924.15	600.95	382.75	283.11	206
Gross Profit	210.62	168.89	120.56	113.29	103.36	116.01
Selling, General & Admin	99.63	81.86	62.37	71.7	62.07	46.21
Other Operating Expenses	-	-	3.76	-	-	-
Operating Expenses	105.38	86.05	75.45	70.67	65.99	49.51
Operating Income	105.25	82.84	45.11	42.62	37.36	66.5
Interest Expense	-1.85	-0.42	-0.37	-0.36	-1.18	-0.86
Interest & Investment Income	3.24	3.24	-	-	-	-
Earnings From Equity Investments	29.52	27.93	37.6	31.34	22.07	8.36
Other Non Operating Income (Expenses)	6.72	4.91	4.59	3.66	6.56	3.17
EBT Excluding Unusual Items	142.88	118.5	86.93	77.26	64.82	77.17
Gain (Loss) on Sale of Investments	-	-	1.18	-3.76	-0.13	-
Gain (Loss) on Sale of Assets	0.12	0.12	0.15	0.02	0	0.06
Pretax Income	143.01	118.63	88.26	73.52	64.69	77.23
Income Tax Expense	4.58	4.67	6.79	6.13	4.63	3.93
Net Income	138.43	113.96	81.47	67.38	60.06	73.31
Net Income to Common	138.43	113.96	81.47	67.38	60.06	73.31
Net Income Growth	51.03%	39.88%	20.90%	12.20%	-18.07%	-0.87%
Shares Outstanding (Basic)	158	158	158	158	155	150
Shares Outstanding (Diluted)	158	158	158	158	155	150
Shares Change (YoY)	-	-	-	2.05%	3.21%	-
EPS (Basic)	0.88	0.72	0.52	0.43	0.39	0.49
EPS (Diluted)	0.88	0.72	0.52	0.43	0.39	0.49
EPS Growth	51.03%	39.88%	20.89%	9.94%	-20.63%	-0.87%
Free Cash Flow	14.04	131.77	26.04	63.33	-17.33	-24.78
Free Cash Flow Per Share	0.09	0.83	0.17	0.40	-0.11	-0.17
Dividend Per Share	0.380	0.380	-	0.225	-	-
Gross Margin	16.81%	15.45%	16.71%	22.84%	26.75%	36.03%
Operating Margin	8.40%	7.58%	6.25%	8.59%	9.67%	20.65%
Profit Margin	11.05%	10.43%	11.29%	13.58%	15.54%	22.77%
Free Cash Flow Margin	1.12%	12.06%	3.61%	12.77%	-4.49%	-7.69%
EBITDA	126.48	94.35	50.56	46.54	40.6	69.21
EBITDA Margin	10.09%	8.63%	7.01%	9.38%	10.51%	21.49%
D&A For EBITDA	21.23	11.51	5.44	3.92	3.23	2.7
EBIT	105.25	82.84	45.11	42.62	37.36	66.5
EBIT Margin	8.40%	7.58%	6.25%	8.59%	9.67%	20.65%
Effective Tax Rate	3.20%	3.94%	7.69%	8.34%	7.15%	5.08%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.